Unit 9, 8 Adelaide Terrace,
East Perth, WA 6004
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Cygnet West
Level 26, 197 St Georges TerracePERTH, WA 6000
04346598...
Unit 9, 8 Adelaide Terrace
East Perth, WA 6004
Map of Unit 9, 8 Adelaide Terrace
Train stations within 5 km of Unit 9, 8 Adelaide Terrace, East Perth, WA 6004 Distance Claisebrook Station 1.3 km McIver Station 1.4 km East Perth Stn East Perth 1 1.9 km East Perth Station 1.9 km Perth Stadium Train Station 1.9 km POWERED BY HERE ©Bus stops within 5 km of Unit 9, 8 Adelaide Terrace, East Perth, WA 6004 Distance Adelaide Tce Westend Causeway 74 m Hale St Run for A Reason Shuttles 203 m Plain St After Hay St 207 m Hale St After Hay St 227 m Nelson CR Waca Red CAT 1 258 m POWERED BY HERE ©
POWERED BY HERE ©
Tenanted Investment Opportunity
The commercial strata shop is located on the ground floor of Queens Riverside and is leased on a 5-year term to a retail tenant operating a busy beauty & wellness business. The tenant operates a well sought after eyelash business with an average of 4.9-star ratings on Google from close to 100 reviews.
Key terms of the current lease are:
- Area: 90 sqm
- Term: 5 years starting on 1st Sept 2023
- Net Rent: $31,500 per annum +GST
- Rent Reviews: Fixed 3% per annum.
- Guarantees: 3 months gross rent plus Directors Guarantee
Queens Riverside is a recently completed mixed-use high-rise development located at the gateway to Perth's CBD. Consisting of over 500 residential and 200 hotel rooms, the development sits at the entrance to Perth over the causeway which provides it exposure to over 17,000 cars passing through daily.
The property is also surrounded by prominent landmarks such as the WACA and the Queens Gardens. Additional planned developments including the East Perth Girls School, the East Perth Sports & Recreation Hub, the $165m WACA redevelopment project in addition to the $60m Gloucester Park revitalization program and exciting new residential developments in East Perth are expected to add further demand to the area.
Key terms of the current lease are:
- Area: 90 sqm
- Term: 5 years starting on 1st Sept 2023
- Net Rent: $31,500 per annum +GST
- Rent Reviews: Fixed 3% per annum.
- Guarantees: 3 months gross rent plus Directors Guarantee
Queens Riverside is a recently completed mixed-use high-rise development located at the gateway to Perth's CBD. Consisting of over 500 residential and 200 hotel rooms, the development sits at the entrance to Perth over the causeway which provides it exposure to over 17,000 cars passing through daily.
The property is also surrounded by prominent landmarks such as the WACA and the Queens Gardens. Additional planned developments including the East Perth Girls School, the East Perth Sports & Recreation Hub, the $165m WACA redevelopment project in addition to the $60m Gloucester Park revitalization program and exciting new residential developments in East Perth are expected to add further demand to the area.
Property ID: 504577620Last Updated: 29 Apr 2024
Cygnet WestLevel 26, 197 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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